Finance
Toss, Koryo Savings Bank and PFCT to upgrade loan screening for mid-to-low credit borrowers using Toss Score
Viva Republica, operator of Toss, is partnering with Koryo Savings Bank and PFCT to enhance loan screening for mid-to-low credit customers using alternative credit assessment data. The three companies will develop a credit scoring model tailored to Koryo Savings Bank and embed it in PFCT’s real-time lending strategy solution. Koryo Savings Bank plans to introduce Toss Score in phases from the second half of this year and expand its use.